Apartment 607, West Block Forum Magnum Square, London, SE1 7GL is a leasehold flat built between 1996-2002. The property offers approximately 646 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £595,654 , which equates to approximately £922 per square foot. It was last sold on 29 Nov 2019 for £605,000. Since then, the value has decreased by £9,346, representing a 1.5% decrease, or approximately 0.3% per year.

The current estimated value of £595,654 is:

  • 30.8% lower than the average property price on Forum Magnum Square
  • 22.6% lower than the average in the SE1 7GL postcode area
  • and 28.7% lower than the average price for London as a whole

View sold house prices in SE1 7GL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£595,654
Price Per sq ft (estimate)
£922
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 607, West Block Forum Magnum Square, London, Lambeth, Greater London Authority, SE1 7GL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Sep 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Sep 2009, and the property received the same rating of D with an unchanged energy efficiency score of 64.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 14% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to SE1 7GL

29 th / 89
Price Rank
23% lower than average
28 th / 78
Size Rank
3% bigger than average
34 th / 78
Price Per Sq FT Rank
25% lower than average

Compared to other properties in SE1 7GL , this flat's estimated value ranks 29th out of 89. Based on price per square foot, it ranks 34th out of 78 properties. In terms of size, this home ranks 28th out of 78 properties in its postcode area.

Sale History

Today
£595,654
streetscan.co.uk estimate
-2 %
29 Nov 2019
£605,000
Leasehold
+98.4 %
18 Jun 2001
£305,000
Leasehold
+32.6 %
17 Aug 2000
£230,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £555,000
sale date: 15 Mar 2024
rooms: 3
size: 743 sq ft
sale price: £945,000
sale date: 4 Dec 2017
rooms: 2
size: 581 sq ft
sale price: £450,000
sale date: 9 Jan 2015
rooms: 2
size: 603 sq ft
sale price: £405,000
sale date: 29 Jun 2009
rooms: 3
size: 678 sq ft
sale price: £385,000
sale date: 31 Jan 2007

Data Sources

The property at Apartment 607, West Block Forum Magnum Square, London, SE1 7GL appears three times in the Land Registry records, with the latest transaction recorded on 29 Nov 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Sep 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.